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How Data Laws Slap Insecure Companies
Explore Article forbes.com (Apr 29 2010)
Breach disclosure laws--the rules that require companies to alert customers or employees when they've lost control of their private data--may not always achieve their intention to prevent identity theft. But a new study suggests the laws bolster protections in a less direct way: by financially punishing companies that suffer data security mishaps. (Read Full Article)
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Cybercrime Checks Into The Hotel Industry
Explore Article forbes.com (Feb 2 2010)
The Identity Theft Resource Center, for instance, which tracks publicly known hacking incidents, listed only three external hacking incidents for the hotel industry in 2009. But Linda Foley, the nonprofit's director, says that breached companies are reporting incidents so rarely that a trend is difficult to spot. "We know we're only seeing the tip of the iceberg,"... (Read Full Article)
Comment on Article Mentions: New Hampshire Linda Foley America
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Beware Who Fixes That Broken Laptop
Explore Article forbes.com (Jan 6 2010)
Next time you spill a latte on your laptop or drop your hard drive, you may want to think twice about who you pay to salvage your data. You may recover your precious PowerPoint presentation--but you could lose something far more valuable. (Read Full Article)
Comment on Article Mentions: PowerPoint Ponemon Institute Nara
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The Year Of The Mega Data Breach
Explore Article forbes.com (Nov 25 2009)
...the decrease in data breaches is deceptive. In fact, the number of personal records that were exposed--data like Social Security numbers, medical records and credit card information tied to an individual--that hackers exposed has skyrocketed to 220 million records so far this year, compared with 35 million in 2008. That represents the largest collection of lost data on record. (Read Full Article)
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In Pictures: The Year's Biggest Data Disasters - Forbes.com
Explore Article forbes.com (Nov 25 2009)
The lesson of 2009: It only takes one data disaster to ruin your whole year. According to Identity Theft Resource Center, government agencies and businesses reported 435 breaches as of Nov. 17... (Read Full Article)
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What You Must Know About Data Breaches
Explore Article forbes.com (Sep 1 2009)
Last year at least 650 organizations reported being the victims of data breaches, and the number continues to rise. According to the latest research from the Ponemon Institute, only 36% of C-level executives are confident their organizations won't suffer data breaches in the next 12 months. Meanwhile the average cost of a data breach has risen to $6.7 million, according to the July 2009 issue of Digital Transactions, and that's without counting the legal, regulatory and reputation damage that inevitably follows such an event. (Read Full Article)
Comment on Article Mentions: Digital Transactions Visa Inc. Ponemon Institute
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Identity Protection Goes Beyond Technology - Forbes.com
Explore Article forbes.com (Jun 2 2009)
We need to include the ''human element'' in our identity protection schemes. (Read Full Article)
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Visa, MasterCard In Security Hot Seat
Explore Article forbes.com (Apr 1 2009)
Following massive breaches, Congress grills credit card companies. ..."I don't believe that PCI standards are worthless," said Rep. Yvette Clark, D-N.Y., who led the hearing. "But I do want to dispel the myth once and for all that PCI compliance is enough to keep a company secure. It is not." (Read Full Article)
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What Customer Data Should You Keep--And Toss? - Forbes.com
Explore Article forbes.com (Mar 20 2009)
Too much personal information on your customers can be a liability. ...Indeed, the cost of a data breach in 2008 was $202 per compromised record, up 2.5% from $197 per record in 2007... (Read Full Article)
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Smart Health Care's Privacy Pitfalls - Forbes.com
Explore Article forbes.com (Mar 9 2009)
The stimulus bill's strengthened data privacy laws are raising hackles in health care. Thanks to a $19 billion kick from the Obama administration's stimulus package, electronic health records are on the way. And with them, new privacy laws, a result of fears that digital records could lead to more spillage or theft of sensitive medical data. (Read Full Article)
Comment on Article Mentions: Pam Dixon Arnold Schwarzenegger Blue Cross Blue Shield
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Mass. businesses protest new identity theft rules - Forbes.com
Explore Article forbes.com (Jan 22 2009)
Comment "Try this link: http://tinyurl.com/d3ayla" - Derek Beckwith
Massachusetts business owners and advocates protested new identity theft regulations at a hearing Friday, saying the rules to protect customers' credit card numbers and personal information will be too costly and time-consuming in a down economy. Link has expired, try this link: https://news.fidelity.com/news/news.jhtml?articleid=200901161723APDIGITLFINANCE__MA-Business-Encryption&IMG=N&cat=default&ccsource=rss-default (Read Full Article)
2 Comments Mentions: Massachusetts
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Hackonomics
Explore Article forbes.com (Oct 27 2008)
Crime still pays for identity thieves--just a little less than it once did. (Read Full Article)
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Data theft is common, but there are ways to safeguard your data.






Recent Comments
Derek Beckwith » New Law Aims to Shore Up Retail Data Security
Businesses large and small should take note of this important compliance development.
Derek Beckwith » Mass. institutes new identity theft regulations
Actually, the law impacts any business storing the PII (personally identifiable information) of any Massachusetts ...
See all recent comments